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Author Topic: Is it safe to invest in BNB now?  (Read 8028 times)
wmaurik
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July 28, 2021, 08:35:51 AM
 #441

That's right it's even possible in the future BNB can bypass Ethereum,
Of course it's not an easy thing but at least BNB in the future will probably develop more than now,
so there's really nothing to doubt and it all comes back to each person's opinion about BNB
I don't think that BNB can pass Ethereum in the future, because if we only look at developments in BNB at this time, then Ethereum is also not standing still at this time, because Ethereum is also working to get better from time to time, so if you read news about developments, then read both, not just one.

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July 28, 2021, 11:18:06 AM
 #442

Bnb coin is long term coin for me. I have been buying and selling bnb when it was $4  in 2017/2018. Two things that is consistent with binance coin is innovation and creativity! Binance coin has come a long way with decision that add value to bnb and investors! So, I suggest buying bnb in batches as you are comfortable with price. Bnb will be valuable than what it is in the future!

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July 29, 2021, 03:55:31 PM
 #443

Risks are always present, especially in cryptocurrency.
Those who are older are well aware of this, because we have already been in a situation where it seemed that the bull race would never end, and each coin showed frantic growth. However, the current indicators seem to be different, the current peak is very stable, but this does not mean that we are in a safe stable zone where there are no risks. Risks are always present and must always be considered. Now we are at the peak, but in a month we may be at the bottom.




RokokGudangGaram
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July 29, 2021, 04:04:26 PM
 #444

There's no such thing as safe time, the market is really volatile and anytime it can pump or dump right now I see that the BNB is pretty stable unlike some projects that goes from $50 to less than a $1 real quick, I've seen this mostly in DeFi.

In regards with the BNB I didn't see it goes less than $200 and it keeps the price increasing so I think it's a good investment as of now.

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July 29, 2021, 04:20:56 PM
 #445

There's no such thing as safe time, the market is really volatile and anytime it can pump or dump right now I see that the BNB is pretty stable unlike some projects that goes from $50 to less than a $1 real quick, I've seen this mostly in DeFi.

In regards with the BNB I didn't see it goes less than $200 and it keeps the price increasing so I think it's a good investment as of now.
if you mean the price of BNB in the market. Of course, all crypto asset prices in the market have the potential to move quickly.
but if you mean BNB assets. of course, no one doubted it. even, in the long run, owning BNB will be very profitable. I own it and will not be selling it in the short term.









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July 29, 2021, 05:19:30 PM
 #446

Risks are always present, especially in cryptocurrency.
Those who are older are well aware of this, because we have already been in a situation where it seemed that the bull race would never end, and each coin showed frantic growth. However, the current indicators seem to be different, the current peak is very stable, but this does not mean that we are in a safe stable zone where there are no risks. Risks are always present and must always be considered. Now we are at the peak, but in a month we may be at the bottom.




It a must to understand the situation behind the market or project that you are showing your intention to support,

With proper knowledge your chance to earn is more possible, you are into investing so better to look for deeper information before going to conclude your decision, it's good to seek for some insights with other traders but make sure to assess and not to just go and invest without doing your part in researching about  the project and the developer behind.
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July 29, 2021, 05:35:11 PM
 #447

Bnb came back from $ 700 and made this rise very quickly. The bsc network is getting better every day and many altcoins are released, some of them are really good projects, but there are still many scam projects. If bitcoin makes a good uptrend, it will signal a reversal in bnb.

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July 29, 2021, 08:36:45 PM
 #448

It's already clear that once whales decide to pump the BNB, it can trigger an upward push for price and people will ride it.

Anything around $200-$300 is a good entry but don't take it as a safe level.

Regardless, if you will just hold BNB, expect a good price on it in the future. BNB has lots of main used and almost outshined the ERC20 network that is being mostly used before.
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July 31, 2021, 05:15:32 AM
 #449

BSC is still a dangerous blockchain but top projects have good protection against hacks.
In any case you should not keep large bags for you in such an unreliable place.
I believe that it is better not to earn some of the money than to lose all of it.

Why do you consider BSC to be dangerous? I think that all blockchains can have vulnerabilities, so in this sense all blockchains can be considered dangerous. If you are talking about its far-fetched decentralisation with only 21 validators, then we just have to hope that these guys will not give us up.
Personally I consider BSC to be quite safe as devs constantly work on this issue.

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July 31, 2021, 03:34:34 PM
 #450

If you mean by safe investment that there must be profit, then I would say that no coin is safe for investment.  Because no matter which coin you invest in, there is a risk of loss. So we have to learn how to make the investment safe first.
for me it is safe, when I am able to keep my emotions in check when the price falls and not sell as soon as possible. If you are a person who has a panic selling nature, I don't think it's safe to invest with high volatility.
invest in BNB for a very good time, because transactions using bnb, so the level of need is very high.

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August 01, 2021, 11:26:12 AM
 #451

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

don't buy BNB now because the price of BNB has now reached the latest price. so you better buy another atcoin at this time. because I'm sure the BNB will come back down in the next few months. and in my opinion you can search on coinmarketcap altcoins that are in the top 20 for you to invest in your crypto assets.

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August 01, 2021, 11:35:39 AM
 #452

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

don't buy BNB now because the price of BNB has now reached the latest price. so you better buy another atcoin at this time. because I'm sure the BNB will come back down in the next few months. and in my opinion you can search on coinmarketcap altcoins that are in the top 20 for you to invest in your crypto assets.
When the price of BNB has changed or increased, so if we have the capital and don't buy it, I think regret will come to us. What you suggest is good, but it would be even better if some of the current capital, set aside a little to buy BNB, because the graph of the increase will continue to rise I see.

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August 01, 2021, 12:37:12 PM
 #453

A few months ago, BNB had reached a valuation of more than $100 billion. And as a result of correction, it has come down to $57 billion. Therefore on paper, you can say that BNB has bottomed out and now it looks like a good occasion to invest in this cryptocurrency. But BNB is not like other cryptos. It's valuation mostly comes from the Binance exchange, boosted by the Binance Smart Chain. And in the world of cryptocurrency, exchanges always carry a disproportionate amount of risk. At this point, it is difficult to give out a clear advisory about BNB.
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August 01, 2021, 12:41:16 PM
 #454

When the price of BNB has changed or increased, so if we have the capital and don't buy it, I think regret will come to us. What you suggest is good, but it would be even better if some of the current capital, set aside a little to buy BNB, because the graph of the increase will continue to rise I see.
I would actually regret it when buying BNB in a rising situation. because the moment of the decline in BNB could also happen in the future.
although BNB is a potential asset, to avoid panic selling in the investments you make. you'd better buy when BNB is at the bottom. but if you think BNB is cheap right now, I don't think it's a problem if you buy it now.



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August 05, 2021, 03:22:16 PM
 #455

Right now I think it's time to get back into buying and investing after the overall drop in crypto prices. In the next few months, crypto prices will be back in the pump. And if we look at the current market the signs will be at the pump already visible. So that we no longer feel it is too late to invest.

If we look at the recent increase in several altcoins, yes, it looks like they will have a pump again. However, this could be a fake pump before there is an additional FUD, I hope this is just my negative thinking. However, when it comes to BNB, it may not be so friendly at the moment. Because, the case that hit Binance could have an effect on BNB prices in the future. Except, Binance managed to win everything that was litigated. Just not put all of your money to BNB, it will be more safer.

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August 05, 2021, 04:01:27 PM
 #456

Right now I think it's time to get back into buying and investing after the overall drop in crypto prices. In the next few months, crypto prices will be back in the pump. And if we look at the current market the signs will be at the pump already visible. So that we no longer feel it is too late to invest.
Maybe so, but some people are now looking to Ethereum to make a slightly bigger investment than before, and I think those people are just taking a good moment on Ethereum, whereas other coins are good to invest in too.
it's because of the momentum and news that focus on ethereum.
this is the same as when the news happened to BNB that was about to set fire to it. everyone would think buying would get an upgrade by the time the burn was over.

even though I believe both assets will be very profitable even when purchased at a very expensive price. because in the future the price will be much better.



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Rainbot
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August 09, 2021, 04:48:48 AM
 #457

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

Situations like this are usually because lust overwhelms us, so the decision to do something is based solely on that passion, I think what you have said is very appropriate in selling all BNB at this time.

I'm not sure the next Resistance will be at the $300 level, although many people predict this, usually what I see the condition of the coin will go down first, if it has gone up once before.

Maybe it's true what people say that BNB will be at the level of $300, but I believe it will happen next year, if you are ready to save next year, I think it's the right move to buy again.

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August 09, 2021, 05:11:52 AM
 #458

BSC has had a lot of issues with failed transactions, BSC scan going down, nodes that aren't synched etc. It's a real mess and it only has 21 validators, which I assume the majority of belong to CZ and his friends. Binance is undergoing a barrage of attacks from regulators in multiple countries and that is affecting the price of BNB and scaring people away from BSC to other chains like Polygon, Fantom, and NEAR. I still hold some CAKE, 0xMR, Alpaca, PRV on BSC but I'm not putting any more money on that chain until things settle down. In the meantime I began farming on Spookyswap on Fantom and on Ref Finance on NEAR protocol. Both have rewards that are comparable to farming CAKE on Pancakeswap.
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August 09, 2021, 05:46:48 AM
 #459

Investing in BNB is safe and profitable as it has a market capitalization of around USD 51 billion and various other discounts on the Binance Exchange. It is also one of the top utility tokens and has various benefits compared to other cryptocurrencies.

Binance coin however in the past has provided good stable returns compared to the other Altcoins but the only concern is that it is a centralized coin and it is controlled by Binance. They have the power to change the working of the coin or even make price alterations. However, before investing in the digital coin it is always advised to make proper research.
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August 09, 2021, 06:04:16 AM
 #460

In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.

If indeed the next BNB resistance is at the $300 level, you should start buying again, aren't you already selling at the $245 level and already profitable, I think it's okay to buy it again, if your analysis of BNB in the future is at a higher level.

However, I suggest studying BNB first, if you are already at that level, so that your decision to buy back is not wrong and can give you big profits the second time around. But you also have to prepare another pattern, if the risk reverses with the prediction.

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